Delivery Hero Shares Fall

Delivery Hero Falls 9% After Sale of Taiwan Unit to Uber Blocked
Delivery Hero SE shares fell the most in two weeks in the first day of trading after Taiwan blocked the sale of its subsidiary there to Uber Technologies Inc.
Uber's Purchase of Foodpanda Blocked by Taiwanese Regulators
Regulators in Taiwan blocked Uber's $950 million purchase of online food delivery and ordering platform Foodpanda.
Delivery Hero Shares Fall After Taiwan Halts Uber's Foodpanda Takeover
Delivery Hero shares fell after Taiwan blocked Uber Technologies' planned $950 million takeover of Foodpanda's local delivery business on anticompetition concerns. In early European trading, shares were down 7.7% at 26.38 euros. Year to date, shares have risen 5.5%.
Taiwan Blocks Uber’s $950 Million Bid for Delivery Hero Unit
Taiwan’s antitrust regulator rejected Uber Technologies Inc.’s plan to buy Delivery Hero SE’s Foodpanda business on the island for $950 million, arguing it would decrease competition in the fast-growing food-delivery industry.
Delivery Hero slumps as sale of Taiwan subsidiary to Uber blocked
Delivery Hero tumbled on Friday after the sale of its Taiwan subsidiary to Uber Technologies was blocked. The Taiwan Fair Trade Commission ruled that the proposed takeover of Foodpanda could reduce competition.
Taiwan FTC blocks Uber’s $950M purchase of Foodpanda, Reuters says
M purchase of Delivery Hero’s (DLVHF) Foodpanda business over concerns it would be anti-competitive, Reuters reports. Delivery Hero said in a statement Uber may appeal the commission’s decision or terminate the acquisition.
Taiwan Blocks Uber's Foodpanda Takeover Amid Fears of Monopoly in $950 Million Deal
Taiwan has rejected Ubers $950 million acquisition of Delivery Heros Foodpanda, citing concerns over anti-competitive effects and potential price hikes for consumers. The Fair Trade Commission said the merger would
Taiwan blocks $950 mn Uber-Foodpanda deal, merger to exceed 90% market share
Taiwan has blocked Uber Technologies’ $950 million purchase of Delivery Hero’s Foodpanda business because of concerns it would be anti-competitive
Taiwan blocks Uber’s $1.3 billion Foodpanda deal over competition concerns
Uber and German food delivery firm Delivery Hero announced the Taiwan deal in May. Read more at straitstimes.com.
Delivery Hero sinks after Taiwan blocked sale of unit to Uber
The Berlin-based company, which saw rapid expansion during the pandemic, has been scaling back and restructuring in response to pressure from activist investors. In early December, Delivery Hero spun off its Middle Eastern unit, Talabat Holding Plc, in Dubai’s biggest IPO of the year, raising $2 billion.
Uber Stock Lower After Taiwan Regulators Block $950 Million Foodpanda Deal
Uber stock was lower after regulators in Taiwan blocked its plan to acquire a competitor in the market for $950 million.
Bernstein not convinced Uber would be successful appealing TFTC on foodpanda
After Delivery Hero (DLVHF) issued a press release stating that the Taiwan Fair Trade Commission has blocked Uber‘s (UBER) pending acquisition of foodpanda in Taiwan, Bernstein notes that Uber ...
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Taiwan blocks Uber’s US$950mil purchase of Delivery Hero unit
Taiwan’s anti-trust regulator rejected Uber Technologies Inc’s plan to buy Delivery Hero SE’s Foodpanda business on the ...